For the first time in history, the majority of members of Congress are millionaires.
We’re also witnessing the the most corrupt US government we’ve ever seen.
Gee, think there could be a connection?
For the first time in history, a majority of lawmakers in Congress are millionaires at a time when Americans feel that Congress and those in the “Boomtown” that is Washington, D.C. are becoming more removed from their everyday lives.
According to a Center for Responsive Politics’s analysis of “the personal financial disclosure data from 2012 of the 534 current members,” 268 lawmakers in Congress had an average net worth of at least $1 million. That was up from 257 from the year before.The Center for Responsive Politics found that the “median net worth for all House members was $896,000 (Democrats averaged $929,000 to Republicans’ $884,000) and, for Senators, $2.5 million.” In the Senate, “the median net worth for Senate Democrats was $1.7 million, down from $2.4 million in 2011; for Republicans: $2.9 million, up from $2.5 million in 2011.” According to the report, “the median for congressional Democrats was $1.04 million and, for Republicans, $1 million.”
Rep. Darrell Issa (R-CA) is the wealthiest lawmaker in Congress with a reported average net worth of $464 million in 2012 and the “least-wealthy member was Rep. David Valadao (R-Calif.), who reported an average net worth of negative $12.1 million.” According to the Center, Valadao is in debt “due to loans for his family’s dairy farm.”
To calculate the net worth of members of Congress, “the Center added together members’ significant assets, such as corporate bonds and stocks, then subtracted major liabilities such as loans, credit card debt and property mortgages.” The average net worth of each lawmaker in Congress can be found here.
Don’t forget.Democrats are exempt.
Further proof of the problems…
Duh!!!
SO WHERE DID THESE CORRUPT SENATORS GET ALL THIS MONEY. SPECIAL INTERESTS GROUPS , MONEY UNDER THE TABLE. WITH THESE $#%&!@*S OUR GOVERNMENT IS FOR SALE TO THE HIGHEST BIDDER. ED
Of course, they’ve had all this time to self-enrich themselves with their corruption! When the founders of our country set it up a person took 4 years and DONATED his time to the service of his country (almost like our military does only they get killed & maimed for their donation)…..then our fore-fathers went back home and left room for the next wave of SERVICE-ORIENTED patriots to go to Washington and donate their time! Times sure have changed and now we have rich loony-toones running the nation!
Obama helped them get there
Yes, they all got rich on us.
I am so happy for them! I was wondering why they was in office.now we no they have accomplished something!
When the French ruling class ignored the needs of the people they were supposed to be serving, the people rose up against them in a way that sent a message to future generations of would be elitist rulers. that will not be forgotten for man generations. The Egyptian people rebelled against the Islamic tyranny in their land and have assured those tyrannical leaders that the cost of tyranny will be great. Until this nation is willing to stand for it’s God given rights of life, liberty, and the pursuit of happiness, we will continue to sink deeper into that black abyss of tyranny.
These new millionaires are getting filthy rich on making foreign deals that are destroying our Country as we know it.